Bijoy Hans Limited

Guwahati, India Listed
Pharmaceutical formulations manufacturing and related services in Guwahati, India.

About Bijoy Hans Limited

Bijoy Hans Limited is a publicly listed company based in Guwahati (India). It operates as a pharmaceutical formulations manufacturing and related services in Guwahati, India. Its Indian entity Arvaya Healthcare Limited reported revenue of ₹46.9 Lakh. Bijoy Hans Limited offers products and services including Pharmaceutical Formulations and Nutraceuticals. Its focus areas include Nutraceuticals, Health Supplements, Nutritional Products and Pharmaceuticals.

Company details

Bijoy Hans Limited was incorporated in 1985 and is situated in Guwahati, where various pharmaceutical formulations such as tablets, capsules, syrups, suspensions, and powders are produced. A focus is placed on segments including Antibiotics, CoughColdAllergy remedies, H-1 Receptor Antagonists, Nutraceuticals, and NSAIDS. The companys objectives are centered on benefiting shareholders, meeting customer requirements, ensuring continuous product improvement, and delivering sustainable excellence in health, safety, security, and environmental practices. Compliance with regulations is maintained through regular financial reporting and investor relations activities.

  • Headquarters Guwahati, India
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Legal Name Bijoy Hans Ltd.
Key Metrics
  • Market Cap
    ₹465 Cr

    ARVAYA · BSE

  • Share Price
    ₹98.80

    +1.96% today

  • Revenue
    ₹9.11 Cr

    FY 2025-26 · +3153.6% YoY

  • EBITDA
    ₹0.73 Cr

    Margin 8.0%

  • Net Profit
    ₹0.89 Cr

    FY 2025-26 · +285.4% YoY

  • ROE
    2.7%

    ROCE 2.6%

  • Debt / Equity
    0.74

    Interest cover 390.9x

Products & Services of Bijoy Hans Limited

Bijoy Hans Limited offers a comprehensive portfolio of products and services, including Pharmaceutical Formulations and Nutraceuticals.

Pharmaceutical Formulations
Healthcare Products

Various formulations including tablets and capsules are manufactured for medical use

Nutraceuticals
Health Supplements

Nutritional products are provided in segments like powders and syrups for health support

Board of directors of Arvaya Healthcare Limited (Bijoy Hans Limited)

Arvaya Healthcare Limited is the primary company behind Bijoy Hans Limited. The board of Arvaya Healthcare Limited currently have 6 directors; the longest-serving is Salil Sriram Shetty, appointed in 2024. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Salil Sriram Shetty
DIN 07424136
Director13 Aug 20242 yrs 2 moArvaya Healthcare Limited
Kaushal Uttam Shah
DIN 02175130
Managing Director26 May 20251 yr 4 moArvaya Healthcare Limited
Rahul Ravindra Mayur
DIN 09203474
Director28 Jul 20251 yr 2 moArvaya Healthcare Limited
Brijesh Jugalkishor Biyani
DIN 10763751
Director28 Jul 20251 yr 2 moArvaya Healthcare Limited
Manali Aditya Pandit
DIN 11495478
Director31 Jan 20268 moArvaya Healthcare Limited
Bidari Kotresh Anilkumar
DIN 06624790
Additional Director04 Jul 20263 moArvaya Healthcare Limited

IPO & Listings of Bijoy Hans Limited

Bijoy Hans Limited is a publicly listed company on the BSE with ticker symbol ARVAYA in India, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Jul 2005
  • Listed onBSE: ARVAYA
  • Listed entityArvaya Healthcare Ltd
  • Exchange sectorDistribution services
  • ISININE491D01017
  • Share price₹57.99 (+5% on the day) · 2026-05-11
  • Volume (last session)178
  • Analyst consensusNo rating

Financials of Bijoy Hans Limited

Exchange-reported figures of Arvaya Healthcare Limited, the listed company behind Bijoy Hans Limited (BSE: ARVAYA).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹9.11 Cr
+3153.6% YoY
EBITDA
₹0.73 Cr
+237.7% YoY
Profit After Tax
₹0.89 Cr
+285.4% YoY
Net Worth
₹63.07 Cr
+1686.7% YoY
Total Assets
₹114 Cr
+3125.2% YoY
Total Debt
₹49.38 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue9.110.28
Revenue growth+3153.6%-
EBITDA0.73(0.53)
EBITDA margin+8.0%-189.3%
Profit before tax1.080.19
Net profit0.89(0.48)
Net profit margin+9.8%-171.4%
EPS (₹)0.190.45
Balance sheet
Total assets1143.53
Net worth63.073.53
Total debt49.380.00
Cash & bank2.352.71
Net working capital11.322.93
Cash flow
Cash from operations(3.28)0.22
Cash from investing(5.58)0.92
Cash from financing8.50(0.06)
ParticularsJun 2026Mar 2026Jun 2025
Revenue29.919.110.00
Other income0.191.300.03
EBITDA3.971.39(0.29)
EBITDA margin+13.3%+15.3%-
Depreciation2.200.620.00
Interest1.390.410.00
Profit before tax0.571.66(0.26)
Tax0.030.190.00
Net profit0.541.47(0.26)
EPS (₹)0.081.25(0.53)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.280.280.300.330.400.49
Revenue growth-100.0%0.0%-6.7%-9.1%-17.5%-18.4%-
EBITDA(1.37)0.03(0.36)(0.51)(0.30)(0.27)(0.23)
EBITDA margin-+10.7%-128.6%-170.0%-90.9%-67.5%-46.9%
Profit before tax(1.20)0.19(0.12)(0.44)(0.18)(0.10)(0.04)
Net profit(1.20)(0.43)(0.26)(0.44)(0.18)(0.10)(0.04)
Net profit margin--153.6%-92.9%-146.7%-54.6%-25.0%-8.2%
EPS (₹)(1.18)0.45(0.39)(1.48)(0.63)(0.30)(0.18)
Balance sheet
Total assets60.513.533.453.593.954.144.23
Net worth57.993.533.393.513.954.144.23
Total debt2.520.000.060.080.000.000.00
Cash & bank0.022.711.631.621.912.282.29
Net working capital(0.26)2.931.821.802.762.762.98
Cash flow
Cash from operations(7.89)0.22(0.29)(0.26)(0.37)(0.01)(0.07)
Cash from investing(2.33)0.920.32(0.11)0.000.00(0.01)
Cash from financing7.53(0.06)(0.02)0.080.000.00(0.02)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.100.000.000.000.000.000.130.06
Revenue growth (YoY)---100.0%-100.0%-100.0%---
Other income0.060.070.050.020.030.050.610.04
Total expenses0.900.700.210.330.290.190.200.23
EBITDA(0.80)(0.70)(0.21)(0.33)(0.29)(0.19)(0.07)(0.17)
EBITDA margin-800.0%------53.8%-283.3%
Depreciation0.000.000.000.000.000.000.010.01
Interest0.140.000.000.000.000.010.000.00
Profit before tax(0.88)(0.63)(0.16)(0.31)(0.26)(0.15)0.53(0.14)
Tax0.000.000.000.000.000.060.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsJun 2026Mar 2026Jun 2025
Revenue29.919.110.00
Other income0.191.300.03
EBITDA3.971.39(0.29)
EBITDA margin+13.3%+15.3%-
Depreciation2.200.620.00
Interest1.390.410.00
Profit before tax0.571.66(0.26)
Tax0.030.190.00
Net profit0.541.47(0.26)
EPS (₹)0.081.25(0.53)
ParticularsFY 2025-26FY 2024-25
Revenue9.110.28
Revenue growth+3153.6%-
Other income1.400.75
Total expenses8.380.81
Employee cost1.900.16
EBITDA0.73(0.53)
EBITDA margin+8.0%-189.3%
Depreciation0.620.02
Interest0.430.01
Profit before tax1.080.19
Tax0.190.06
Net profit0.89(0.48)
Net profit margin+9.8%-171.4%
EPS (₹)0.190.45
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital48.023.00
Reserves & surplus11.880.53
Shareholders' funds (net worth)63.073.53
Minority interest0.000.00
Secured loans8.600.00
Unsecured loans40.780.00
Total debt49.380.00
Total liabilities1143.53
Assets
Gross block1050.00
Net block92.040.00
Capital work in progress0.000.00
Investments0.160.13
Inventories1.900.00
Sundry debtors2.200.00
Cash & bank balances2.352.71
Loans & advances31.640.28
Total current assets38.092.99
Total current liabilities26.770.06
Net working capital11.322.93
Total assets1143.53
ParticularsFY 2025-26FY 2024-25
Opening cash2.711.63
Net cash from operating activities(3.28)0.22
Net cash from investing activities(5.58)0.92
Net cash from financing activities8.50(0.06)
Net change in cash(0.36)1.08
Closing cash2.352.71
ParticularsFY 2025-26FY 2024-25
Growth
Sales growth+3153.6%-
EBITDA growth+237.7%-
PBT growth+468.4%+9997.0%
Net income growth+285.4%-
Profitability & leverage
Net income margin+9.8%+46.4%
Return on capital employed+2.6%-10.9%
Return on net worth+2.7%-13.3%
Debt / equity0.740.00
Long-term debt / equity0.650.00
Interest cover390.91-1.82
Efficiency & per share
Fixed asset turnover0.170.00
Inventory turnover9.590.00
Debtors turnover8.280.00
EPS (₹)0.190.45
Dividend per share (₹)0.000.00
Book value per share (₹)12.4711.76
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.100.000.000.000.000.000.130.06
Revenue growth (YoY)---100.0%-100.0%-100.0%---
Other income0.060.070.050.020.030.050.610.04
Total expenses0.900.700.210.330.290.190.200.23
EBITDA(0.80)(0.70)(0.21)(0.33)(0.29)(0.19)(0.07)(0.17)
EBITDA margin-800.0%------53.8%-283.3%
Depreciation0.000.000.000.000.000.000.010.01
Interest0.140.000.000.000.000.010.000.00
Profit before tax(0.88)(0.63)(0.16)(0.31)(0.26)(0.15)0.53(0.14)
Tax0.000.000.000.000.000.060.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.280.280.300.330.400.49
Revenue growth-100.0%0.0%-6.7%-9.1%-17.5%-18.4%-
Other income0.170.190.300.140.150.210.24
Total expenses1.370.250.640.810.630.670.72
Employee cost0.000.160.160.180.170.170.17
EBITDA(1.37)0.03(0.36)(0.51)(0.30)(0.27)(0.23)
EBITDA margin-+10.7%-128.6%-170.0%-90.9%-67.5%-46.9%
Depreciation0.000.020.050.060.030.040.05
Interest0.000.010.010.010.000.000.00
Profit before tax(1.20)0.19(0.12)(0.44)(0.18)(0.10)(0.04)
Tax0.000.060.000.000.000.000.00
Net profit(1.20)(0.43)(0.26)(0.44)(0.18)(0.10)(0.04)
Net profit margin--153.6%-92.9%-146.7%-54.6%-25.0%-8.2%
EPS (₹)(1.18)0.45(0.39)(1.48)(0.63)(0.30)(0.18)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.023.003.003.003.003.003.00
Reserves & surplus9.970.530.390.510.951.141.23
Shareholders' funds (net worth)57.993.533.393.513.954.144.23
Secured loans0.000.000.000.000.000.000.00
Unsecured loans2.520.000.060.080.000.000.00
Total debt2.520.000.060.080.000.000.00
Total liabilities60.513.533.453.593.954.144.23
Assets
Gross block0.000.001.371.681.641.641.63
Net block0.000.000.400.760.710.740.77
Capital work in progress0.000.000.000.000.000.000.00
Investments60.780.130.380.200.140.050.05
Inventories0.000.000.050.040.070.100.05
Sundry debtors0.000.000.080.090.080.130.17
Cash & bank balances0.022.711.631.621.912.282.29
Loans & advances7.570.280.100.090.740.280.51
Total current assets7.592.991.861.842.802.793.02
Total current liabilities7.850.060.040.040.040.030.04
Net working capital(0.26)2.931.821.802.762.762.98
Total assets60.513.533.453.593.954.144.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.711.631.621.912.282.292.40
Net cash from operating activities(7.89)0.22(0.29)(0.26)(0.37)(0.01)(0.07)
Net cash from investing activities(2.33)0.920.32(0.11)0.000.00(0.01)
Net cash from financing activities7.53(0.06)(0.02)0.080.000.00(0.02)
Net change in cash(2.69)1.080.01(0.29)(0.37)(0.02)(0.10)
Closing cash0.022.711.631.621.912.282.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-100.0%0.0%-6.7%-9.1%-17.5%-18.4%-
EBITDA growth-4666.7%+108.3%+29.4%-70.0%-11.1%-17.4%-
PBT growth-+9998.0%+72.7%-144.4%-80.0%-150.0%+42.9%
Net income growth-179.1%-65.4%+40.9%-144.4%-80.0%-150.0%-
Revenue CAGR (3Y)-100.0%-5.3%-11.2%-15.1%-6.2%-3.1%-28.3%
EBITDA CAGR (3Y)+39.0%-+10.1%+30.4%+7.7%0.0%-5.2%
Profitability & leverage
Net income margin-+46.4%-42.9%-146.7%-54.6%-25.0%-8.2%
Return on capital employed--10.9%-7.1%-11.4%-4.7%-2.2%-1.2%
Return on net worth--12.1%-7.5%-11.8%-4.7%-2.2%-1.2%
Debt / equity-0.010.020.010.000.000.00
Long-term debt / equity-0.010.020.010.000.000.00
Interest cover0.00100.00-2.44-1.750.000.000.00
Efficiency & per share
Fixed asset turnover-0.410.180.180.200.240.30
Inventory turnover-11.206.225.453.885.338.17
Debtors turnover-7.003.293.533.142.673.63
EPS (₹)(1.18)0.45(0.39)(1.48)(0.63)(0.30)(0.18)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0011.7611.3111.7013.1813.8014.10

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Frequently Asked Questions about Bijoy Hans Limited

Bijoy Hans Limited is headquartered in Guwahati, India. It is registered at Guwahati, Assam, India.

The primary company behind Bijoy Hans Limited, Arvaya Healthcare Limited, reported revenue of ₹46.9 Lakh for FY 2025, down 20% year on year.

Bijoy Hans Limited was incorporated in 1985 and is situated in Guwahati, where various pharmaceutical formulations such as tablets, capsules, syrups, suspensions, and powders are produced. A focus is placed on segments including Antibiotics, CoughColdAllergy remedies, H-1 Receptor Antagonists, Nutraceuticals, and NSAIDS. The companys objectives are centered on benefiting shareholders, meeting customer requirements, ensuring continuous product improvement, and delivering sustainable excellence in health, safety, security, and environmental practices. Compliance with regulations is maintained through regular financial reporting and investor relations activities.

Bijoy Hans Limited offers Pharmaceutical Formulations and Nutraceuticals.

Yes, Bijoy Hans Limited is publicly traded on BSE under the ticker symbol ARVAYA.

Bijoy Hans Limited operates through Arvaya Healthcare Limited.

The legal entities of Bijoy Hans Limited currently have 8 directors, including Kaushal Uttam Shah, Rahul Ravindra Mayur, Salil Sriram Shetty and others.

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